Globus Spirits announced that there has been an upward revision in selling rates of country liquor in the State of Rajasthan by Rajasthan State Ganganagar Sugar Mills. With this revision, the company will be benefitted by an average increase of Rs 35 per case in the sale of country liquor, effect from 01 June 2019.

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Net profit of Globus Spirits rose 949.64% to Rs 14.38 crore in the quarter ended March 2019 as against Rs 1.37 crore during the previous quarter ended March 2018. Sales rose 37.99% to Rs 270.89 crore in the quarter ended March 2019 as against Rs 196.31 crore during the previous quarter ended March 2018.

For the full year,net profit rose 335.47% to Rs 30.57 crore in the year ended March 2019 as against Rs 7.02 crore during the previous year ended March 2018. Sales rose 15.12% to Rs 984.32 crore in the year ended March 2019 as against Rs 855.07 crore during the previous year ended March 2018.

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Globus Spirits will hold a meeting of the Board of Directors of the Company on 7 May 2019.

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Net profit of Globus Spirits rose 359.84% to Rs 5.84 crore in the quarter ended December 2018 as against Rs 1.27 crore during the previous quarter ended December 2017. Sales rose 14.22% to Rs 256.78 crore in the quarter ended December 2018 as against Rs 224.81 crore during the previous quarter ended December 2017.

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